Accounts Payable and Accrued Expenses

3 Months Ended

Mar. 31, 2018

Payables And Accruals [Abstract]

Accounts Payable and Accrued Expenses

7. Accounts Payable and Accrued Expenses

(Table only in thousands)	March 31, 2018		December 31, 2017
Trade accounts payable, including due to subcontractors	$	51,513	$	45,409
Compensation and related benefits		4,252		5,246
Current portion of earnout liability		3,181		2,989
Accrued warranty		4,020		4,464
Contract liabilities		4,200		1,676
Other accrued expenses		10,201		11,002
Total accounts payable and accrued expenses	$	77,367	$	70,786

The activity in the Company’s current portion of earnout liability and long term portion of earnout liability was as follows for the three months ended March 31, 2018 and 2017:

(Table only in thousands)	Energy Solutions Segment (a)
Earnout accrued at December 31, 2017	$	4,475
Compensation expense adjustment		222
Payment		(247	)
Foreign currency translation adjustment		260
Total earnout liability as of March 31, 2018		4,710
Less: current portion of earnout		(3,181	)
Balance of long term portion of earnout recorded in other liabilities at March 31, 2018	$	1,529

(Table only in thousands)	Energy Solutions Segment (a)
Earnout accrued at December 31, 2016	$	24,214
Fair value adjustment		3,897
Compensation expense adjustment		290
Foreign currency translation adjustment		200
Payment		(2,155	)
Total earnout liability as of March 31, 2017		26,446
Less: current portion of earnout		(13,062	)
Balance of long term portion of earnout recorded in other liabilities at March 31, 2017	$	13,384
(a) The Fluid Handling Solutions and Industrial Solutions segments do not have any earnout arrangements associated with the segments.